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I'm brand new to real estate investing. With my first deal I tried to hit a home run and I ended up striking out. In order to make the most from this failure I would like feedback on what I did wrong, and if my conclu...
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So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
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what are you thoughts on starting affordable housing nonprofit?we would like to work in Oregon and Sonoma County, CAto provide equity in small homes, townhomes, plexesdeveloped as low cost as possible to help buyers :)
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Hello BP Community,My boyfriend and I are considering a flip and would like to get feedback from this amazing community. Our backstory: we are interested in flipping so we can build up our capital reserves and then mo...
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Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...
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Hi!I'm in need of some advice for dealing with two problem tenants. I recently purchased a 4-plex in Arizona and inherited 3 of the 4 tenants (2 out of 3 on Section 8). At closing, I immediately accepted a 4th tenan...
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Hello everyone,I just wanted to share some of the difficulties I am encountering in obtaining home insurance estimates. I've e-mailed about 10 different insurance agents last Sunday and only 1 got back to me. She prom...
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Hey everyone, I feel like I’m spamming this board with questions but I really appreciate the help. I have my rental listed currently on Zillow with my stipulations (600 credit score, 2.5x income, etc). I am just conce...
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Hi, folks.I'm in CA Bay Area, where rents and prices are very high. I'm considering selling my private residence which a RE agent said should fetch about $800k. Decent area duplexes (3/1 + 2/1) are about $1.0 mil. A...
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Vacation Rentals have been around for decades now. It has just been since 2008 that they have really started to gain media exposure because of Airbnb. My colleagues and I have seen a shift that is already happening in...